Telsey Advisory Group Maintains Outperform on Five Below, Lowers Price Target to $225
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman maintains an Outperform rating on Five Below (NASDAQ:FIVE) but lowers the price target from $230 to $225.

May 30, 2023 | 9:14 am
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NEUTRAL IMPACT
Telsey Advisory Group maintains an Outperform rating on Five Below (NASDAQ:FIVE) but lowers the price target from $230 to $225.
The lowered price target from $230 to $225 by Telsey Advisory Group may have a neutral short-term impact on Five Below's stock price. The Outperform rating is maintained, indicating that the analyst still believes the stock will outperform the market. However, the reduced price target may cause some investors to reevaluate their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100